11304 Shallow Water RD, Austin TX 78717

My analysis of 4 comparable properties puts this home's estimated value at $430,912. Based on how the local market is moving, a list price between $368,000 and $378,000 would position this home well. This home's position in the current AVERY RANCH market: the most expensive of 7 comparable homes on the market among comparable properties. At 7 years older than typical comps, the 2004 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.15) contributes to the valuation. 7 similar homes are currently available in AVERY RANCH, creating a seller's market for this price range. The 6 month price trend in AVERY RANCH: fallen 26.7%. The best comp here is 11013 Avery Station LOOP # 31, Austin TX 78717 at an adjusted value of $452,860, a strong comparable. With 4 comparable sales in AVERY RANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group